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Jan 10, 2024 · Total oil production, including condensate and conventional oil, averaged 4.16 million bbl/day in November, up 337,000 bbl/day from the previous month. Last November marked the first time in Alberta’s history that oil production topped 4 million bbl/day. The previous record of 3.96 million bbl/day was set in November 2022.
Jan 16, 2024 · The Alberta Energy Regulator says crude oil production in the province rose by 8.8 per cent in November to a new historic high of 4.2 million barrels per day.
Jan 11, 2024 · Alberta’s oil production rose above 4 million barrels a day for the first time in November as oil-sands companies ramped up output to prepare to fill the largest new export pipeline in more than ...
Jan 15, 2024 · Now we have more evidence to explain why this happened. Driven largely by record oil sands output, Alberta’s crude oil production rose by 8.8% from the October level to a new historic high of 4.2 million barrels per day (bpd) in November 2023. With the surge, production towered 4.9% above the earlier peak reached the year before in November 2022.
Production in 2022. In 2022, production increased to 77.3 thousand cubic metres (10 3 m 3 /d), 486.4 thousand barrels per day (10 3 bbl/d), in response to higher oil prices. This is an 11 per cent increase from 69.6 10 3 m 3 /d (437.7 10 3 bbl/d) in 2021. The rise in the number of new wells supported the increase in production.
May 4, 2023 · Over the first quarter of 2023, Alberta produced a record 343.2 million barrels (equivalent to 3.81 million bpd) of oil. This amounts to an increase of 3.8% from last year and 4.4% from 2020 levels. Conventional (including condensates) production reached its highest level since October 2018, while oil sands also inched higher.
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Aug 10, 2022 · Alberta oil production set a new record in the first half of 2022, according to a report by ATB Economics. Daily production hit 3.6 million barrels a day between January and June — up from 3.5 ...